Otsego County
Michigan · FIPS 26137
According to CFPB HMDA 2024 application volume among U.S. counties, Otsego County ranks #1,354 of 3,210, and #49 of 83 in Michigan.
Mortgage lending activity in Otsego County, Michigan based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Otsego County, Michigan saw 1,079 HMDA-reported mortgage applications in 2024. Lenders originated 659 of those loans and denied 166, producing a denial rate of 15.4% and an approval (origination) rate of 61.1%. The average loan amount was $172,006 at an average note rate of 7.58%, with applicants self-reporting average annual income of $37K. 106 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 4.6x, meaning typical borrowers took on mortgages of about 4.6 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Otsego County
In Otsego County, lead originator Community Financial funded 22.5% of 659 originated loans, above the county fleet's upper tercile (~16.7% top-1). The top three reporters together hold 40.4% of the book, so a handful of names dominate disclosed volume here.
Counties With Similar Application Volume
Nationwide counties nearest to Otsego County's 1,079 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Otsego County's $172,006 average loan (deduped against volume peers).
Lenders active in Otsego County
Community Financial funded 148 of the 659 loans originated in Otsego County, 22.5% of the county. 106 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Community Financial | 148 | 22.5% |
| 2 | Huntington National Bank | 71 | 10.8% |
| 3 | Rocket Mortgage | 47 | 7.1% |
| 4 | United Wholesale Mortgage | 40 | 6.1% |
| 5 | Fifth Third Bank, National Association | 33 | 5.0% |
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for Otsego County borrowers.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This Otsego County page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.